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West County Bank agrees to lend Blossom Company $388000 on January 1. Blossom Company signs a $388000,6%,6month noteWhat is the adjusting entry required if Blossom

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West County Bank agrees to lend Blossom Company $388000 on January 1. Blossom Company signs a $388000,6%,6month noteWhat is the adjusting entry required if Blossom Company prepares financial statements on March 30 ? Interest Expense 11640 11640 Cash Interest Expense 11640 Interest Payable 11640 5820 Interest Payable 5820 Interest Expense Interest Expense 5820 5820 Interest Payable

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